Currency markets are volatile and unpredictable. We help businesses mitigate risks to their cashflow by providing strategic support and analysis of all the latest trends from around the world.
Currency List
Currency List
Non EU
USD
USD
USD
28
Nov
Nov
Japanese Yen struggles for a firm intraday direction; USD/JPY benefits from USD uptick
The Japanese Yen (JPY) struggles to attract any meaningful buyers despite higher than forecast Tokyo consumer inflation data, which backs the case for a further policy tightening by the Bank of Japan (BoJ). Cautious signals from BoJ policymakers indicate that rate normalization will be gradual, forcing investors to reassess expectations for the next policy move. […]
27
Nov
Nov
EUR/USD climbs above 1.1600; eyes 200-day SMA barrier amid weaker USD
The EUR/USD pair prolongs its uptrend for the fourth consecutive day and climbs beyond the 1.1600 mark, to a one-and-a-half-week top, during the Asian session on Thursday. The momentum is sponsored by the prevalent selling bias surrounding the US Dollar (USD), and lifts spot prices closer to a technically significant 200-day Simple Moving Average (SMA) […]
27
Nov
Nov
GBP/USD gains above 1.3250 as Fed rate cut bets weigh on US Dollar
GBP/USD continues its winning streak for the sixth successive session, trading around 1.3260 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December. US data showed unexpectedly low Initial Jobless Claims and stronger-than-expected Durable Goods Orders, yet rate-cut expectations remained intact. The […]
27
Nov
Nov
Japanese Yen stands firm near one-week high against USD
The Japanese Yen (JPY) remains on the front foot against a weaker US Dollar (USD) through the Asian session on Thursday and currently trades near a one-week top, touched the previous day. Investors remain alert amid the possibility that Japanese authorities could step in to stem any further weakness in the domestic currency. This, along […]
27
Nov
Nov
USD/CAD Falls toward lower ascending channel boundary near 1.4000
USD/CAD extends its losses for the third successive session, trading around 1.4030 during the Asian hours on Thursday. The daily chart’s technical setup reflects a persistent bullish bias, with the pair remaining within its ascending channel pattern. The USD/CAD pair holds above the rising 50-day Exponential Moving Average (EMA) at 1.3990, while the nine-day EMA at […]
27
Nov
Nov
Australian Dollar strengthens as US Dollar dips on Fed rate cut odds
The Australian Dollar (AUD) gains against the US Dollar (USD) on Thursday, extending its gains for the fifth successive session. The AUD/USD pair gains ground as the US Dollar (USD) struggles amid rising odds of Federal Reserve (Fed) rate cut bets in December. The Australian Bureau of Statistics (ABS) released Private Capital Expenditure on Thursday, which rose by 6.4% […]
27
Nov
Nov
Won Rises on Steady Policy, Improved Economic Forecast
The South Korean won appreciated to around 1,465 per dollar on Thursday, reversing losses from the previous session as investors digested the latest policy signal from the Bank of Korea. The central bank maintained its benchmark interest rate at 2.5 percent, a decision regarded as supportive of currency stability amid gradually improving financial conditions. The […]
27
Nov
Nov
Offshore Yuan Retreats on Weak Fixing
The offshore yuan weakened to around 7.07 per dollar, retreating from a thirteen-month high reached in the previous session following the People’s Bank of China’s first weaker-than-expected fixing in months. The central bank set the daily midpoint at 7.0779 per dollar, softer than Reuters’ forecast of 7.0733. This marked the first downside surprise in the […]
26
Nov
Nov
GBP/USD rises to near 1.3200 ahead of UK Autumn Budget
GBP/USD continues its winning streak for the fifth consecutive day, trading around 1.3190 during the Asian hours on Wednesday. Traders await the UK Chancellor of the Exchequer, Rachel Reeves, to deliver the Autumn Budget later in the day. The British Finance Minister Rachel Reeves is expected to unveil tens of billions of pounds in new […]
26
Nov
Nov
USD/CNH hits 13-month lows below 7.0800 as Fed rate cut bets increase
USD/CNH extends its losses for the fourth consecutive day, reaching a 13-month low of 7.0782 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) comes under pressure, with softer United States (US) economic data boosting expectations of a Federal Reserve (Fed) rate cut in December. The CME FedWatch Tool suggests that markets […]
Learn to Trade
Merchant Services
Currency Risk Management
